KRONOS Advisory

What KRONOS Advisory does

KRONOS Advisory GmbH is a Vienna-headquartered, bank-independent Multi Family Office founded in 2009 by Sven E. Rischko, providing holistic wealth management and advisory services to ultra-high-net-worth families, individuals, companies, and private foundations (including Austrian and Liechtenstein Privatstiftungen). The firm's service portfolio spans nine integrated offerings: strategic wealth structuring, bank and depot bidding (anonymous beauty contests), neutral capital market consulting, alternative investments and private markets, consolidated reporting and wealth controlling, personal care and continuity, succession planning, tax and strategy optimization, and real estate asset management. There is no proprietary technology platform; the offering is delivered as a unified, human-led advisory service with curated access to exclusive private market deals and external specialists.

The firm operates from four Austrian locations — Vienna (HQ, Tuchlauben 14), Linz (Upper Austria), Salzburg, and Kitzbühel — through dedicated senior relationship managers. KRONOS is structured as a private limited company (GmbH) with separate registered entities in Vienna, Linz, and Salzburg (KRONOS & Partner Family Office GmbH), and is independently owned by founding MDs and shareholder-partners without disclosed institutional investor ownership. The advisory board was joined in 2025 by Christian Angermayer (co-founder of Ribopharma/Alnylam Pharmaceuticals), extending the firm's network access into venture capital, private equity, and global private markets.

Revenue is generated through AUM-based fees and fixed advisory fees typical of the Multi Family Office model, with multi-year contracts and pricing customized per engagement. Approximately 10 team members are listed, nearly all senior client-facing advisors or MDs, reflecting a high-touch, low-volume business model. The firm has received industry recognition including two ACQ5 Global Awards 2026, the German Innovation Institute's Business Innovator Award 2025, and CEO recognition in 2024, supporting its positioning as a leading independent MFO in Austria.

Name

KRONOS Advisory

Legal name

KRONOS Advisory GmbH

Website

https://kronos-advisory.com

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

1–10 employees

Short description

KRONOS Advisory is a Vienna-founded, bank-independent Multi Family Office serving ultra-high-net-worth families, individuals, companies, and private foundations in Austria through holistic wealth structuring, succession planning, and alternative investment advisory across four Austrian offices.

Ownership category

akta.pro rank

Product category

Multi Family Office Services

NAICS

Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394)

SIC

Investment Advice (6282)

akta.pro primary industry

Family Office Advisory & Outsourced CIO (OCIO) (FSAAADAC)

akta.pro secondary industries

Family Office Advisory (Single/Multi-Family) (FSAEAAAI), Private Client/High-Net-Worth Advisory (FSAEAAAN), Family Business & Succession Advisory (FSAAADAL), Family Office Services (Single & Multi-Family Office) (FSABADAF)

Keywords

• Multi family office
• Wealth management
• Asset management
• Estate planning
• Private banking advisory

Headquarters

HQ city

Vienna

HQ country

Austria

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Wealth Advisory and Management Fees: As a Multi Family Office, KRONOS likely generates revenue through AUM-based fees (percentage of assets under management) and fixed advisory fees for comprehensive wealth management services including strategic asset allocation, estate planning, tax optimization, and alternative investments access.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

KRONOS Advisory operates as a bank-independent Multi Family Office providing integrated wealth management and advisory services to ultra-high net worth families, individuals, companies, and Austrian and Liechtenstein private foundations. Its offering spans strategic wealth structuring, neutral capital market consulting, alternative investments and private markets access, bank and depot bidding, consolidated reporting, succession planning, tax optimization, and real estate asset management—all delivered through dedicated relationship managers in Austria.

Product overview

KRONOS Advisory operates as a Multi Family Office offering an integrated suite of wealth management and advisory services. The core portfolio comprises six primary service pillars: Strategic Wealth Structuring, Bank and Depot Bidding, Neutral Capital Market Consulting, Alternative Investments & Private Markets, Reporting & Wealth Controlling, and Personal Care & Continuity. These are complemented by specialized advisory services including Succession Planning, Tax and Strategy Optimization, and Real Estate Asset Management. The offering is structured as a unified service model—rather than discrete software products—providing holistic, bank-independent wealth management for high-net-worth individuals, families, companies, and private foundations.

Differentiator

Problem solved

Functional benefit

Products and services

• Strategic Wealth Structuring (Strategische Vermögensstrukturierung) Development of holistic wealth structuring concepts integrating legal, tax, and financial aspects, individually tailored rather than standardized, for UHNW families, individuals, companies, and private foundations.
• Bank and Depot Bidding (Banken- und Depot-Ausschreibungen) Anonymous beauty contests among leading banking institutions to obtain the best offers and terms for clients, followed by negotiation and implementation of selected banking and custody solutions.
• Neutral Capital Market Consulting (Neutrale Kapitalmarktberatung) Independent evaluation of external capital market products without proprietary offerings or commissions, supporting clients in selection, allocation, and ongoing control of investments.
• Alternative Investments & Private Markets Curated access to exclusive participations, private equity, and club deals, carefully vetted and individually matched to UHNW family and foundation clients.
• Reporting & Wealth Controlling (Reporting & Vermögenscontrolling) Transparent, consolidated overviews of all client assets across institutions, structured to client requirements and independent of any managing bank.
• Personal Care & Continuity (Persönliche Betreuung & Kontinuität) Dedicated relationship manager providing proactive, discreet, long-term support and ongoing portfolio optimization on equal footing with the client.
• Succession Planning (Nachfolgeplanung) Comprehensive support for families and institutions to preserve and transfer wealth across generations, including wills, Austrian and Liechtenstein private foundations, international trusts, and gift planning.
• Tax and Strategy Optimization (Steuer- und Strategieoptimierung) Tailored solutions developed jointly with a curated network of tax advisors, lawyers, and structural specialists to support ongoing wealth advisory and optimization.
• Real Estate Asset Management (Immobilien Asset Management) Holistic and sustainable management of real estate across its lifecycle for UHNW clients, including administration, rental, marketing, and value preservation.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Christian AngermayerflagshipStrategic or Co-development Partner · 1 January 2025Christian Angermayer serves on the advisory board (Beirat) of KRONOS. At age 20, he co-founded Ribopharma (now Alnylam Pharmaceuticals, market cap ~$60 billion). He is an experienced investor with extensive network spanning venture capital, private equity, hedge funds, investment banks, and global political decision-makers. His portfolio includes life sciences companies (atai Life Sciences, Cambrian BioPharma, Compass Pathways, AbCellera Biologics), crypto (Bullish, Plasma/XPL), deep tech (Isar Aerospace), and hospitality (Aethos Hotels, TRIP, DEAG Entertainment, Enhanced Games). He is a former Young Global Leader of the World Economic Forum and advisor to Rwandan President Paul Kagame.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• HQ Trust: German Multi Family Office based in Bad Homburg serving UHNW families with holistic wealth structuring, succession planning, and reporting services. Directly comparable business model: boutique MFO with multi-generational focus, foundation expertise, and independence from bank distribution.
• Signina Capital: Swiss-based independent Multi Family Office focused on UHNW families with succession planning, foundation administration, and asset management. Comparable boutique scale and DACH-region orientation, with similar foundation/structuring expertise.
• FORMA Futura Invest AG: German independent Multi Family Office providing holistic advisory for wealthy families including succession, foundation, and asset structuring. Comparable boutique scale and bank-independent positioning to KRONOS.
• Bank Gutmann: Austrian private bank owned by the Gutmann family, focused exclusively on UHNW wealth management. Closest Austrian-headquartered direct competitor for KRONOS's target segment, with similar emphasis on personalized advisory and family wealth structuring.
• LGT Group: Liechtenstein-based private banking and wealth management group owned by the Princely House of Liechtenstein. Serves UHNW families and family offices globally; closely comparable given KRONOS team members' LGT lineage (Nicolaus spent 9 years as Executive Director at LGT Austria) and shared Liechtenstein foundation expertise.

Emerging players

• LIQID Investments: Berlin-based digital wealth manager offering semi-liquid private-market and portfolio solutions to HNW clients in Europe. Represents the digital-native competitive threat that could erode traditional MFO pricing and middle-tier clients.

Broad incumbents

• Kathrein Privatbank (Raiffeisen Bank International): Now part of Raiffeisen Bank International's private banking division in Austria; multiple KRONOS senior team members (Georg Höhne) previously served at Kathrein Privatbank. A relevant regional incumbent competitor in Austrian HNW/UHNW wealth advisory.
• Erste Group Bank - Private Banking: Largest Austrian banking group with a sizeable private banking franchise serving HNW and UHNW clients. Cited as background for KRONOS team members; a dominant regional incumbent competing for the same Austrian clientele.
• Vontobel Wealth Management: Swiss-listed wealth and asset manager with a dedicated UHNW/HNW advisory franchise serving international clients. A larger incumbent with overlapping capabilities in succession planning and private markets access, but operating across a much broader portfolio.
• Pictet Group: Swiss private bank and wealth manager with a substantial European UHNW advisory practice. Family-controlled and independent like KRONOS, but materially larger scale and broader product/custody footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/kronos-advisory

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about KRONOS Advisory